The Measurement of Social Value Impact of Ziswaf Using Social Return on Investment Model at Smart Ekselensia Indonesia

This study aims to measure the social value of the impact of Zakat, Charity/Shodaqoh, and Waqf (ZISWAF) produced by SMART Ekselensia Indonesia using Social Return on Investment (SROI). This study uses quantitative methods with a Social Return on Investment (SROI) measurement model. SROI measurement...

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Main Authors: Achmad Ichsan Nusapati, Efri Syamsul Bahri, Ai Nur Bayinah
Format: Article
Language:English
Published: Syarif Hidayatullah State Islamic University of Jakarta 2020-06-01
Series:Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah
Subjects:
Online Access:http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/13021
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author Achmad Ichsan Nusapati
Efri Syamsul Bahri
Ai Nur Bayinah
author_facet Achmad Ichsan Nusapati
Efri Syamsul Bahri
Ai Nur Bayinah
author_sort Achmad Ichsan Nusapati
collection DOAJ
description This study aims to measure the social value of the impact of Zakat, Charity/Shodaqoh, and Waqf (ZISWAF) produced by SMART Ekselensia Indonesia using Social Return on Investment (SROI). This study uses quantitative methods with a Social Return on Investment (SROI) measurement model. SROI measurement results show 32: 1. This can be interpreted that every IDR1 invested, it generates a social value of IDR32, which benefits are received by students and the community around SMART Ekselensia Indonesia. It also shows that SMART Ekselensia Indonesia has succeeded in creating social impacts that bring benefits to students and the surrounding community. The authenticity of this study is in the measurement of the impact of Zakat on mustahiq beneficiaries. A unique aspect of this study is the use of a social value measurement model of the impact of Zakat using the SROI approach.
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spelling doaj.art-0a3bd49f58b746579abf62f75706a9b12022-12-21T20:19:13ZengSyarif Hidayatullah State Islamic University of JakartaAl-Iqtishad: Jurnal Ilmu Ekonomi Syariah2087-135X2407-86542020-06-0112110.15408/aiq.v12i1.130216926The Measurement of Social Value Impact of Ziswaf Using Social Return on Investment Model at Smart Ekselensia IndonesiaAchmad Ichsan Nusapati0Efri Syamsul Bahri1Ai Nur Bayinah2Sekolah Tinggi Ekonomi Islam SEBI (STEI SEBI)Sekolah Tinggi Ekonomi Islam SEBI (STEI SEBI)Sekolah Tinggi Ekonomi Islam SEBI (STEI SEBI)This study aims to measure the social value of the impact of Zakat, Charity/Shodaqoh, and Waqf (ZISWAF) produced by SMART Ekselensia Indonesia using Social Return on Investment (SROI). This study uses quantitative methods with a Social Return on Investment (SROI) measurement model. SROI measurement results show 32: 1. This can be interpreted that every IDR1 invested, it generates a social value of IDR32, which benefits are received by students and the community around SMART Ekselensia Indonesia. It also shows that SMART Ekselensia Indonesia has succeeded in creating social impacts that bring benefits to students and the surrounding community. The authenticity of this study is in the measurement of the impact of Zakat on mustahiq beneficiaries. A unique aspect of this study is the use of a social value measurement model of the impact of Zakat using the SROI approach.http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/13021ziswafsocial impactsocial return on investment (sroi)
spellingShingle Achmad Ichsan Nusapati
Efri Syamsul Bahri
Ai Nur Bayinah
The Measurement of Social Value Impact of Ziswaf Using Social Return on Investment Model at Smart Ekselensia Indonesia
Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah
ziswaf
social impact
social return on investment (sroi)
title The Measurement of Social Value Impact of Ziswaf Using Social Return on Investment Model at Smart Ekselensia Indonesia
title_full The Measurement of Social Value Impact of Ziswaf Using Social Return on Investment Model at Smart Ekselensia Indonesia
title_fullStr The Measurement of Social Value Impact of Ziswaf Using Social Return on Investment Model at Smart Ekselensia Indonesia
title_full_unstemmed The Measurement of Social Value Impact of Ziswaf Using Social Return on Investment Model at Smart Ekselensia Indonesia
title_short The Measurement of Social Value Impact of Ziswaf Using Social Return on Investment Model at Smart Ekselensia Indonesia
title_sort measurement of social value impact of ziswaf using social return on investment model at smart ekselensia indonesia
topic ziswaf
social impact
social return on investment (sroi)
url http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/13021
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